UTIs, Pre-LEIs Are Top Concerns as EMIR Reporting Begins
Requirements to report unique trade identifiers (UTIs) and pre-legal entity identifiers (pre-LEI) are expected to cause the most significant challenges, particularly for smaller financial institutions, as European Market Infrastructure Regulation (EMIR) reporting requirements come into effect for derivatives trades in Europe on February 12.
UTIs and pre-LEIs are among a series of attributes that will have to be reported for all exchange-traded derivatives, over-the-counter (OTC) derivatives and
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